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Samsung Seeks PLI Extension For Smartphones, Eyes India As Production Hub

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SUMMARY

The South Korean company is looking to manufacture phone screens in the country under the PLI scheme

Samsung’s Southwest Asia president and CEO JB Park said that the company is also open to sourcing chips from India at competitive price points

In August this year, the Union cabinet approved four new semiconductor projects in Odisha, Andhra Pradesh and Punjab with a total investment of INR 4,584 Cr under the ISM

Tech giant Samsung has applied for the product-linked…

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